Los Angeles daily herald., 1887-12-26
CHEAP PROPERTY.
The Latest Ripple in the
Boom.
ANAH ELM AFRO Isl Nc.
The Mother Colony" Falls Into
the Line Of Great Improve
ments at Last.
ANAH ELM AFRO L 81 y u .

helm real estate agent in the streets
yesterday and asked how things are
moving down at the Mother Colony"
His views are 50 flatteringto his town
that they Seem worthy of more than
passing notice. 1t seems that the
place is astir at every point, and that
great things are to he done there and are
being done. The Del Conpo Hotel is
being rushed up with all possible dis
patch the Albrecht Brothers who have
the contract pushing things in every
way. II is to he finished by the first OF
February and open Tor guests. The
tract in which it stands is all being
laid with cement sidewalks, and the
grounds are to be handsomely i'm
proved Then the old pioneer, Theo-
dore Reiser, has the plans all out for
his big brick block, in which the new
opera house is to be. This will be
upstairs while below is to be row of
stores.
The graders who were working on
the new railroad to Los Angeles when
the roadbep was completed to Buena
Park were Withdrawn and put on at
the Los Angeles end of the road. A
large force is now working on the
Laguna ranch, just southeast OF this
city. The work is very easy and rapid
progress is being made. By Saturday
night the grade will be finished to the
crossing OF the San Gabriel river, and
it is hoped that the line will be oper-
ating by the end OF January all the
way to San Diego.
The rush Of tourists has found it's
way to Anaheim in grcot force. The
town is full of them. Houses are so
scarce, and there is such a big demand
for them that Messrs. Littlefield and
Goldthwaite arc busy trying to get a
lot of handsome cottages finished to
supply the urgent demand, The town
hotels are full all the time. TIE
reason why so MANY new
corners are hocking in to the
cid colony, is because they
have found out that Anaheim pos
sesses as fine q climate as any other
spot in Southern California. During
the unusually cold spell which has
prevailed here, Anaheim has not felt
a chill. Even the nights down there
are pleasant and warm, The days
are simply delightful beyond descrip-
ton.
Then there is another very substan-
tial attraction which is drawing hun
dreds OF spectators and investors to
Anaheim to look at property. That is
the price at which property is still
being offered. With the best soil in
the country, with absolutely the
finest water supply in Los Angeles
COUNTY, and with such perfect eli
mate, it might be supposed that
lands would be held there at
fancy prices. But the fact is
property has not changed hands there
to any great extent. In the carly part
OF the "boom," when the people in
other sections We're crazy to let go OF
their realty at ridiculous prices, Ana
helm was athrifty, prosperous and
therefore contcnted community. There
was no one in the place who had any
thing for sale. So the first settlers
hold the property still. Now while
everything else has changed hands 4
score OF times, and at each transfer at
great increase in price, Anaheim
| property is not inflated by such Il
process. II has only just begun TO
move upward from bedrock prices.
Three years ago it was held far above
the range in other localities. Now
| it is the cheapest in
the county. The speculator
and investor have learned this
fact, and they are now going in III
force to grab piece before the boom,
ers get it too high. Rates are on an
I'D grade and those who bought a
month ago are in position to get
some benefit out of their invest
ments. Few OF them are, however,
IN mood to take advantage OF this
possibility. They think they see tar
better things in store for them later
on, and instead OF selling now most OF
them aie buying more. Where else
in the country can the best lands,
with plenty OF water, be had for 500
an acre. These statements are abso-
lutely true. The lands are the
best. the climate is the
finest. the water the most
abundant, and the price is cheap as
this. "Where can you duplicate such
a purchase 2" said the real estate man
"This 5000 all acre land is right in
town, near the two depots. ! tell you
there is nothing like it in Los Angeles
county, and the buyers are getting ttt
know this" Thus spoke the enthusl
astic Anaheimer, and from what ne
knows OF the matter the reporter l:
inclined to think he is right. But i'll
asmuch as the reporter is seldom
buyer, Anaheim has little interest IL
, his opinion. 1t is the crowd OF in
vcstors who flock in by each train
whose views are taken. =.
Q These lands can be planted to frui
trees. and at the end of three year.
they will be paying net income Q
500 per acre. All sorts OF fruit
flourish in the magnificent soil o
: Anaheim quite as we'll as they do il
s anv of the most select spot
# in this county. Here the OF
ange grows to perfection. Lemon
, and lines do excellently, Tor there
n not a bit of frost to nip their tenderes
e buds. All the deciduous fruits